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Since the outbreak of the new crown epidemic, from the perspective of safety and health, the number of people who use bicycles for walking and exercising has gradually increased around the world, and some countries have successively introduced car purchase subsidies. The overseas bicycle market generally requires medium and high-end bicycles, and has very high requirements on brand awareness, manufacturing capacity, sales channels, and customer resources. Only manufacturing companies with these characteristics can easily gain a foothold and grow in foreign markets. China's bicycle core parts companies have made great achievements in innovation, especially under the influence of the epidemic, it is really commendable that key parts companies can immediately supplement their production capacity and compete in front of foreign companies.
Customs statistics show that in recent years, the growth rate of my country's bicycle exports is far greater than the export volume. This shows a problem, that is, the export price of bicycles is rising, especially the high value-added racing cars, mountain bikes, and electric bicycles. / vehicle, 250,000 units will be sold in 2021, and the export volume in 2022 is expected to break the 300,000-unit mark with the expansion of production capacity.
The structure of the electric assist bicycle is basically the same as that of the traditional bicycle, only a small motor and a matching lithium battery are added, which can boost a lot of power and make it much lighter to ride. Relying on this help, compared with the electric vehicles familiar to domestic consumers, the body is much lighter and the speed is not too fast. While retaining the fun of riding and viewing, it can easily expand the travel radius to more than 15km. It has become the preferred scooter for medium and long-distance commuting, with the characteristics of light, fast and moderate price. Especially in Europe, it is favored by consumers. It is said that electric bicycles will account for 40% of the Dutch market share in 2021, and the share of electric bicycles in Germany is also growing rapidly. Electric assisted bicycles have become a major trend in the European bicycle market, and the rest of the world will soon follow this development.
